THE PROJECT

East Edgewater will never be the same. Meaning paradise in Spanish and Portuguese, this premium luxury development will bring the an urban oasis to Miami. Residents and guest will experience their very own paradise with a park covering 5 acres along with 1000 ft of linear water views. Paraiso Bay will feature 2 towers. Tower 1 will feature 345 units and rise over 55 stories high. Prior to launching Paraiso Bay, The Related Group experienced record sales in the area with the now sold out Icon Bay. Since then the area of East Edgewater has transformed into one of the hottest area in Miami. Only 5 minutes from South Beach and 15 minutes from the airport, Paraiso Bay is one of the best investments in Miami.

LOCATION

The Edgewater district in Miami is becoming a destination for luxury and modern living featuring amazing views of the Biscayne bay and Miami Beach. Located between the MacArthur and Julia Tuttle Causeways, the Edgewater District is the new cool, upcoming destination for shops, restaurants and in close proximity to the New Miami Design District and Midtown Miami. In middle of the New Miami, blocks from Downtown (cultural facilities-museums, performing arts center), Midtown, Wynwood and Design District. 3 minutes from Genting Resort World Miami development, 5 minute from Downtown Miami & Brickell, 15 minutes away from Miami International Airport.

PARAISO BAY CONDO LIVING

Paraiso Bay's proximity to a social melting-pot include a market place, Mary Brickell Village, Design District, American Airlines Arena, Cultural Center, Midtown, restaurants, dry cleaners, beauty salons and even flower shops. Desire for waterfront property and Miami's cosmopolitan center have encouraged considerable development and even grander plans for the future. Certainly the significance of being the second largest booming international financial center in the United States will further stimulate Miami's entire downtown area and lure new residents and business alike. Be it the wealth of cultural influences, the many international business interests represented, or even the simple contrast of the many modern office structures with quiet shady streets, Brickell is a dynamic area that the world is recognizing as a leader for the next century. One of the great pleasures of Paraiso Bay is your constant proximity to water, situated on a complex line of coast cut up by tributaries, a series of causeways link the city together.

PRICE RANGE

Prices from $600K. (average price per Sq.Ft is $550)

The estimated schedule of payments is the following:

10% at Contract Reservation – Coming soon! Please contact us.

10% at Contract (date to be determined)

20% at Ground breaking (date to be determined, estimate 3 months from Contract)

10% at Top off (date to be determined, estimate 12 months from Groundbreaking)

50% at Closing (date to be determined, estimate 25 months from Groundbreaking)

BUILDING FEATURES

Two Towers

Floors: 55

Luxury Residences: 345

Huge 2 acres elevated pool deck

500 Linear Ft of frontage facing the bay

2 bedroom+den

3 bedroom units.

Maintenance fees estimated on $0.65 per Sq.Ft.

Amenities (Most are water facing)

Massive Pool Deck

Exclusive private pool deck (40ft elevated)

100 ft. diameter “lagoon” pool facing Biscayne

Pool Side cabanas

Pool level cafe

State of the art Gym

Spa

Outdoor Spa/Massage area

Party Room

Kids Room

Teen Room

Cinema

Jacuzzis

BBQ grills / Outdoor BBQ and outdoor al Fresco Trellis areas

2 tennis courts

Acqua club

Waterfront Park

RESIDENCES FEATURES

All residences have front water views facing Biscayne Bay and South Beach

All units are flow through – (Views to the Bay from master bedroom and living room and city views from 2nd Bedroom)

Subzero Refrigerators and Bosch Appliances

High End European Kitchen Cabinets

All Residences with private elevators/foyers

All units have 9ft+ Ceilings

All units have 8ft Balconies/Terraces

Modern unique designed facades with faceted glass railing balconies

Decorator Ready units

All units come with one assigned parking space (Additional Spaces for sale)